FxWirePro- Major Crypto levels and bias summary 
CAD/JPY Breaks Down: Loonie Weakness and BOC Patience Set Bears’ Sights on 110 
BTC’s Bear Bounce: Sell the Rally Near $66K as Bears Target $59K–$52K Breakdown 
FxWirePro: USD/ZAR edges higher, set to stay on back foot 
FxWirePro: USD/ CNY falls towards 6.750, bears keep the advantage 
FxWirePro- Major Pair levels and bias summary 
Ethereum Cracks Under $1,700: Sell the Rally Near $1,750 as Bears Eye $1,380–$1,200 
FxWirePro: AUD/ USD strongly bearish despite upside attempts 
FxWirePro- Woodies pivot (Major) 
FxWirePro: EUR/AUD loses upside momentum but outlook is bullish 
FxWirePro: USD/ZAR bears maintain upper hand 
FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook 
FxWirePro- Major Crypto levels and bias summary 
ECB Hikes, Euro Dives: EURUSD Bears Reload for a Run to 1.1400 
FxWirePro: EUR/ NZD uptrend loses steam, remains on bullish path 
Dollar Roars Back: USDCHF Buy-the-Dip Setup Eyes 0.8150 as Inflation Shock Kills Rate-Cut Bets 
US dollar index continues to trade lower for the 4th consecutive week and lost more than 150 pips from high of 99.67. The decline was mainly due to weak US economic data especially ISM manufacturing index, retail sales which has increased hopes of rate cut by the Fed. The easing of US-China trade tension also decreased the demand for Safe-haven assets like yen.
According to the CME Fed Watch, the probability of rate cut increased to 91.4% from 72.7% a week ago, the chance of keeping rates unchanged declined to 8.6% from 27.2%.
On the lower side, near term support is around 97 and any violation below will drag the index till 96 /97.40 will be acting as major resistance. Any close above targets 97.76/98/98.65.
It is good to sell on rallies around 97.40-45 with SL around 98 for the TP of 96.
